5 Dividend Stocks to Buy According to Joel Greenblatt’s Gotham Asset Management

1. Pfizer Inc. (NYSE:PFE)

Dividend Yield: 2.62%
Number of Hedge Fund Holders: 74

Pfizer Inc. (NYSE:PFE) was the eighth-largest holding of Gotham Asset Management in Q3. The hedge fund holds shares worth $22.8 million in the company, which represented 0.92% of Joel Greenblatt’s portfolio.

Recently, Pfizer Inc. (NYSE:PFE) uplifted its sales guidance for Covid-19 vaccines to $31 billion for 2022, up from its previous estimates of $29 billion. The company currently pays an annual dividend of $1.56 per share, with a dividend yield of 2.62%.

Saturna Capital mentioned Pfizer Inc. (NYSE:PFE) in its Q3 2021 investor letter. Here is what the firm has to say:

“The Fund’s strongest performer during the quarter was pharmaceutical manufacturer Pfizer. The company submitted trial data to the FDA for use of its COVID-19 vaccine for younger children, and it is widely expected that the FDA will approve it. Health authorities also began recommending booster shots of the Pfizer vaccine for select populations, further increasing demand for vaccinations.”

You can also take a look at 10 Best Dividend Stocks Under $20 and 10 Best Healthcare Dividend Stocks

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